Economy

Economic forecast
Economic forecast
GDP Growth
GDP growth %
Educational expenditure
Educational expenditure
Consumer price index
Consumer price index
Central government
central government
Local government
local government
Public health expenditure
public health expenditure
Exports of goods and services
Trade in goods and services

RSS Economic forecast

RSS Health

RSS National Accounts

  • Total financial assets of domestic sectors amounted to ISK 27,137 billion in 2016 10/04/2018
    Total financial liabilities of Iceland’s domestic sector stood at ISK 27,844 billion or 1,135% of Gross Domestic Product (GDP) in year-end 2016, and total financial assets stood at ISK 27,137 billion or 1,106% of GDP according to newly updated figures from Statistics Iceland.
  • Economic growth was 3.6% in 2017 09/03/2018
    The preliminary annual national accounts for 2017 show a 3.6% increase in Gross Domestic Product (GDP) in real terms. Household final consumption increased by 7.8% and government final consumption by 2.6% while investment increased by 9.3%.
  • GDP increased by 1.5% in 4th quarter of 2017 09/03/2018
    Non-seasonally adjusted figures indicate a year over year increase in real GDP by 1.5% for the 4th quarter of 2017. Total domestic expenditure increased by 4.4%.
  • GDP increased by 3.1% in 3rd quarter of 2017 08/12/2017
    Non-seasonally adjusted figures indicate a year over year increase in real GDP by 3.1% for the 3rd quarter of 2017. Total domestic expenditure increased by 10.7%. Household final consumption increased by 6.7%, government final consumption by 2.9% and gross fixed capital formation by 19.4%.
  • Total financial liabilities decrease more than assets 18/10/2017
    The net financial worth of Iceland’s domestic sectors was negative by ISK 737 billion at year-end 2016, having decreased by 12.2% from the previous year.